📌EUR/USD plummets to weekly lows near 1.0800 following US jobs data. EUR/USD is under heavy pressure and trades at a one-week low near 1.0800. The US dollar continued to gain strength following upbeat jobs data, which showed Nonfarm Payrolls increased by 272,000 in May and put pressure on the pair. 📌Markets are focused on the European Parliament Elections, today....
My dear friends, My technical analysis for GOLD is below: The market is trading on 2294.0 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2331.3 Recommended Stop Loss - 2271.6 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
Please, check our technical outlook for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.965 level. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.610. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.612 level. P.S We determine...
Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.276 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
💥Gold is trading around 2336. Gold prices managed to hold above multi-week lows touched on Monday. The Fed's interest rate cut bet will limit the USD's recovery efforts and support the metal. Traders are now eyeing the US ADP report and ISM Services PMI for fresh impetus. 💥The market is currently waiting for the US jobs report for May, which will be released this...
Hello,Traders! USD-CAD is going up But will soon hit a Horizontal resistance Of 1.3782 from where We will be expecting A local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear subscribers, NZDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6186 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6151 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend'...
NZD/USD Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CHF Short Minimum entry requirements: • Tap into area of...
Take a look at our analysis for NAS100USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 19,001.1. Considering the today's price action, probabilities will be high to see a movement to 19,199.3. P.S Overbought describes a period of time where there has been...
Hello,Friends! GBP/NZD is making a bearish pullback on the 1D TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 2.085 level. ✅LIKE AND COMMENT MY IDEAS✅
My dear followers, This is my opinion on the BTCUSD next move: The asset is approaching an important pivot point 69455 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal -70135 About Used Indicators: For more efficient signals,...
I see that the recent MOEX:SPBE investors distrust slowly but surely returning to the expectations of the better future of this instrument. We are observing creation of the double bottom graph as well as of the baseline arrangement for the next two-steps raising moving. Potential is to take about 40-50% in 1 month and about 100% during next 3-6 months (depends...
1H - The bearish context is evident due to Friday's news. For Monday and Tuesday, I expect a corrective move targeting the equal lows.
1W - The weekly timeframe looks excellent from a technical and target perspective. We are in a clearly defined bearish context. Last week's close confirmed the bearish order flow. The intermediate target is 1.06, with the primary target being 1.045.
1D - On the daily timeframe, the price has ultimately settled above the fractal maximum of 1.0885, indicating a shift in context to bullish. The invalidation point for this bullish context will be a price settlement below 1.0788. Additionally, there is a compression movement formed below, down to 1.06, which may serve as a rebalancing target in the future.
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Gbpaud likely should have more upside to come .Euraud has similar setup but will go for gbpaud instead. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the...